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Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch

EURUSD is back to growing after Powell calmed investors down. The major currency pair is slowly improving on Thursday. The current quote for the instrument is 1.0495. The US Fed Chairman Jerome Powell had to be as diplomatic and flexible as possible to convince market players and policymakers that the regulator was keeping all risks […]

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset is reversing in the form of a new rising impulse. In this case, the upside target may be the resistance level at 1844.50. At […]

Type: Bearish ReversalKey Levels:Resistance: 782.99Pivot: 758.12Support: 714.03Preferred Case:On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will continue to drop from the pivot at 758.12 in line with the pullback resistance and 50% fibonacci retracement to the 1st support at 714.03 in line with the 100% fibonacci […]

Official Chinese national news media outlet warns readers that Bitcoin could go to zero value in order to dissuade them from investing in and using cryptocurrency. 8864 Total views 18 Total shares The Chinese government has capitalized on the violent downturn in the crypto market by warning crypto investors that Bitcoin prices are “heading to […]

Shares of Athira Pharma Inc. apha plummeted 66.9% toward a record low in active afternoon trading Wednesday, enough to make them the biggest decliners trading on major market indexes, after the biopharmaceutical company said a Phase 2 study of its Alzheimer’s treatment failed to meet the primary endpoint. Trading volume spiked up to 18.1 million […]